Capcom beats projections

Net profit dips 16 percent, but publisher still tops earnings expectations thanks to Dead Rising and Lost Planet.

Despite worries of a transitional slump between console generations, 2006 was a good year for much of the gaming industry. Capcom was no exception, as the publisher today released its financial results for the year ended March 31, 2007, and comfortably beat its own expectations for revenues and profits.

Overall sales for Capcom were up 6 percent to 74.5 billion yen ($615 million), besting the 68.4 billion yen ($564.7 million) the publisher had anticipated in its last annual report. And while the company's net profits slid 16 percent to 5.8 billion yen ($47.9 million), it had expected a more precipitous drop to 3.9 billion yen ($32.2. million) in net income for the year.

"One of the significant accomplishments is that both Dead Rising and Lost Planet for Xbox 360 achieved sales of one million copies due to their great popularity in the US and Europe," the publisher explained in its report. "They have now joined our team of brand-name titles. ... In addition, Monster Hunter Freedom 2nd (for PlayStation Portable) also attained sales of one million copies in Japan, responding to the high expectation of users who have awaited its release." (Monster Hunter Freedom 2nd will be released in the US as Monster Hunter Freedom 2 this fall.)

Other Japanese successes for Capcom included Devil Kings 2 for the PlayStation 2, Okami, and Grand Theft Auto: San Andreas, which it publishes in its home country.

For the current fiscal year (which ends March 31, 2008), Capcom expects to post numbers a little bit better. The publisher expects sales up less than 5 percent to 78 billion yen ($644.1 million), with net income of 6.2 billion yen ($51.2 million), up 6 percent from the prior year.

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132 comments
hooperfax006
hooperfax006

[This message was deleted at the request of the original poster]

hooperfax006
hooperfax006

[This message was deleted at the request of the original poster]

Millennium_King
Millennium_King

i love capcom. they have been producing quality titles for a long time, so it's no surprise that my two favorite 360 games are lost planet and dead rising. a winner is capcom!

smoothn00dle
smoothn00dle

this is a game site, not Yahoo stock. I don't like Game company stock new s on game site. First, those statistic number are for professionals, avenge joe would know what they said. Second, they can be misleading with term like net income and profit use in different way, just look at Enron. Third, they start flaming the company. Forth, this news has little to do with the game but more to do with business decision. ------------------------------------------------------------------------------------ You don't see print magazine report game developer profit and Loss. EA do well in stock but doesn't mean their games are good. Let just focus on GAmes. Gamespot please remove the stock news.

Kaihato
Kaihato

racerx737, Dead Rising is now 30 dollars, lol.

xfan-atic
xfan-atic

BigDaveyGogz not really. Resident Evil for handhelds always sucked, and Resident Evil : Survivor, a promising brand, died with it's luckwarm expirience for the Ps1. Yes, Capcom has always been quality (Resident Evil: Code Veronica for Dreamcast anyone?), but they are not perfect as you claim.

racerx737
racerx737

i havent played Dead Rising yet but I'll probly pick it up soon if the price is down far enough, go Capcom!

DJTOPKO
DJTOPKO

man i think this is the best game ever everithing is good in this game

BigDaveyDogz
BigDaveyDogz

Capcom = makin the correct moves for over 20 years!

Dman4Life1217
Dman4Life1217

Woah sasuke, is that a bit of jealousy I see in your rant? I do believe it is. I'm sorry to burst your bubble but 1m sales is definatly a big deal in the arena of video games. Games that sell 1m+ mean that the companies make their money back on their investment, plus it means that there is now an audiance for the game to warrent a sequel, or possibly even build an entire franchise off of. If 1m was not such a big deal, EVERY game out there would be pulling in that figure. And to say Dead Rising and Lost Planet Sold because they were released at a time when there wasn't much else is absolutly stupid to say. Keep in mind, Gears of War was released at the time of Lost Planet's release, and that Dead Rising was released around the same time as Fight Night 3, Graw, and Oblivion.

littlestreakier
littlestreakier

i'm very happy capcom did well on the 360 :). hopefully this will persuade other japan developers to give the 360 a shot and we can really start to see a vast genre on the 360. DMC4 and RE5 are the only games i'm really waiting for from capcom. they're going to be amazing. i thought dead rising and lost planet were pretty good though. although i hope for dead rising capcom will re-work the save system.

sasuke_
sasuke_

only reason dead rising and lost planet sold is because they were both released during a time when there wasn't much else being released both games were sub-par and 1m each worldwide is pretty standard sales, nothing special now mhf2 doing 1m just in japan is on the other hand very impressive

thomas10soa
thomas10soa

come on dead rising 2 on 360 only PLEEEEASE

jknight5422
jknight5422

Dead Rising as a brand name. Awesome.

dmish82
dmish82

Let's see some Dead Rising 2!!! Go Capcom!!!

Pedro7_2000
Pedro7_2000

Lost Planet is easily the best Mech game out. The MP could use some help, but even that's pretty fun. All around, it's good to see the new IP paying off for Capcom.

BlackdogGT
BlackdogGT

Lost Planet is underrated. Aside from their complete mishandling of the story, it remains an incredibly tight experience, through and through. LP's multiplayer pulled me away from Gears. That's a testament to quality.

azizrulez
azizrulez

capcom have really raised the bar this time and im sure DMC 4 is gonna be awesome

Anabub
Anabub

xfan-atic is right alot of people may have not liked Lost Planet for a number of reasons but the game was art! This is good news being a 360 fan as it opens the flood gates for more JP developers taking the plundge and also other "exclusives" now being multi format ... I for one can't wait.

freakykidd
freakykidd

Capcom = quality. Easily my fave gaming company out there right now.

xfan-atic
xfan-atic

Capcom deserves it. Dead Rising as amazing, a great sandbox with tons of stuff to do, amazing achivements and what capcom does best: zombie games. Lost PLanet was not as huge as Dead Rising in terms of content, but the game is art. Superb bosses, feeling, enviornments. Quality people, Quality is what capcom is...

drangel_jam
drangel_jam

So happy for them. Use the profit to invest on great ideas for Street Fighter 4. I can wait...

Ra-Devil
Ra-Devil

I think it's smart to spread the love. Putting your games on all the consoles makes everyone happy. Why people get so worked up about that I don't understand, but owell. People will be people. Great going Capcom, I've been with since the beginning. Long Live Megaman! (or at least the original, X and Zero series, the others aren't... good.)

Robot_Vampire
Robot_Vampire

Well done to Capcom! They have made some quality titles this year with Dead Rising and Lost Planet so they deserve to beat their expectations. I think that when Resident Evil 5 comes out they will surpass their expectations once again.

smoothn00dle
smoothn00dle

I think Capcom will run into problem near future. They lost many talented designers like Clover. Plus Capcom coup on Sony's DMC4 that was poorly done. I played DMC from first to last, finished again and again on PS2. How can one Japanese company do that to another? In Japan, Capcom lost a lot of respect from gamers. I am one of them. I don't just buy game , I buy a piece of the company identity, too.

mpeg3s
mpeg3s

Please Capcom support the 360 as your primary platform.

freefadi
freefadi

Capcom is really doing great most of my favourite games are from Capcom, like resident evil, devil may cry, onimusha and Okami....keep it up Capcom.

guile_charlie
guile_charlie

They publish GTA: San Andreas in Japan? Hmm? Cool, I guess. Anyway, GO CAPCOM!!!

TTDog
TTDog

@magicalclick; the main reason Dino Crisis 3 flopped on the original Xbox was because the game itself was poor, at times the camera wouldn't let you see what you were shooting at.

quain-chi
quain-chi

the likely-hood of street fighter 4 ever happening is very small since its capcom USA who hold the rights for it, not the Japanese branch. This is why we constantly get crap ports left right and centre of the old games, since they are far more easier and cost affect to produce

AgileNate
AgileNate

Good to here. Capcom is probably my favorite game publisher. Gaming on a Microsoft system is made better due to 3rd party companies like them.

viceversarohan
viceversarohan

Good to hear. Now the question on everyone's minds should be...where is Street Fighter 4? Come on Capcom I thought you said 2D fighting will never die...

igabiga
igabiga

bring in Dead Rising 2 and fix the saves. With a few graphical fixes, it could be an awesome game.

tonemd_basic
tonemd_basic

We need some numbers on Okami. I could have sworn I heard it tanked in Japan.

Trading_Zoner
Trading_Zoner

I love capcom. Seriously they make some of the best games.

Selfdestruct9
Selfdestruct9

Bring Resident Evil 5 and some new incredible IPs capcom and i will love you long time!! :) Yey JP support for my 'little' white box.

88_movement
88_movement

blackace monster hunter goes nicer with sony consoles - psp, ps2 and probably PS3...

Levi221
Levi221

Its cool that they are doing good money wise but I really wish they didnt close Clover,its like SEGA they are doing great now but they also closed a lot of there great companys like Smilebit.

LessThanMike
LessThanMike

Gotta love dead rising and lost planet, but seriously where is Resident evil 5

Boy_Man07
Boy_Man07

i just can't think about Resident Evil 5...i'm too excited about it! i want it, please Capcom, say something new about RE5! i can't wait for DMC4 too! Capcom is really good...one of the best! however, it has disappointed me a little bit. i think that some Xbox360 exclusives should go to PS3, and some PS3 exclusives should go to 360, because just like 360 owners want to play some of the exclusives of the PS3(like MGS4, FFXIII, ...), PS3 owners want to play some of the 360 exclusives(like GoW, Dead Rising, ...). the problem is that Capcom makes PS3 exclusives multiplatform(like RE5, DMC4), but doesn't make 360 exclusives multiplatform(like Dead Rising, Lost Planet). Capcom should think about that...that's just too unfair.

wh1te_m4trix
wh1te_m4trix

It would be cool for dead rising to be co-op. 2 people in different parts of the mall.

kevy619
kevy619

dead rising is my favorite 360 game so far, enough said